Tuesday, September 18, 2012

2DIALOG Buys Social Fundraising Firm

Richardson-based 2DIALOG, which develops software-as-a-service products for helping nonprofits fundraise and manage their constituents, said today that it has acquired social fundraising software firm Mercury Communications Group. Financial terms of the acquisition were not disclosed. Mercury Communications Group develops software and technology used by organizations to raise money online, manage event registrations, sell tickets, and for mobile commerce, and was based in New York City. 2DIALOG said it was advised by Agile Equity in the transaction. 2DIALOG is backed by investor Social Sector Ventures.